Dec 29, 2012 5:00am EST
be opened in your child's name. now we have a law to try and stop that from happening. the first state in the nation to do it. sara sam son has more. >> a recent study finds one in ten children have had their social security numbers compromised in some way. according to the maryland attorney general's office, that's the low estimate. that's because some victims don't know they are victims. >> a child won't find out until they get to be an age where they have to apply for credit. >> a new law going into effect january 1st aims to keep kid's identity safe. the legislation is the first of its kind in the country. >> we want to make sure that children and other protective persons have an opportunity to freeze their credit report. >> it will alaw a parent or guardian to freeze credit reports of children or disabled adults. you don't even need reason to believe their identity is at risk. the attorney general's office recommends you do it as a precaution. >> that's what we recommend if a child has been a victim of identity theft then there's no charge placing a freeze on the credit report. if
Dec 29, 2012 9:00am EST
to be aware of. complaints have become so common, ftc has filed action against retailers. it's federal law for companies to disclose fees on their gift cards or at least make them easily seen by customers. >> any expiration on the card must be clearly disclosed on the card itself and any fees, such as inactivity fees must also be clearly disclosed either on the card or on packaging. >> and those inactivity fees can on be imposed after a certain period of time. that's usually after at least one year that the card has not been used. so the best advice from the ftc, if you have received a gift card, use it right away, trust and know your source and avoid any online auction sites. andy barnett is here from the better business bureau for tips on making those returns. do people really read the fine prints on those cards? >> no. that's one of the problems. we don't save it. we take the card out of the packaging. we put it in a box or envelope. so we don't even save it. for the most part, gift cards are really, you're much more safer with these consumer protection laws. >> what about the returns?